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| Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals (Wiley Trading) (Gebundene Ausgabe) von David Aronson
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| Kurzbeschreibung: | | Praise for EVIDENCE-BASED TECHNICAL ANALYSIS
"In clear language, Aronson demonstrates the theoretical flaws in interpretative technical analysis methodologies, the flawed premises and conclusions of the Efficient Market Hypothesis, and the appropriate techniques for developing and testing technical analysis methods that do have validity. Readers will learn a lot from this book." -Jack Schwager, author of Market Wizards and the Schwager on Futures book series
"Aronson's explanation of data mining is a must-read for every analyst, and his overall discussion of statistical inference is critical to success. The book is filled with commonsense examples and provides a testing and validation process that saves time, frustration, and money." -Perry Kaufman, author of New Trading Systems and Methods, Fourth Edition
"This book debunks many of the myths of technical analysis. One should read this book before buying a technical system. The book is a good reference to the literature on the subject with extensive footnotes and bibliography." -Sandor Straus, Managing Member, Merfin, LLC
"You may not agree with everything David Aronson says in this controversial, but compelling new study. Still, every trader who wants to invest technical analysis with the dignity of a great science should read this discerning account." -Nelson Freeburg, Editor, Formula Research
"There is an emerging trend in the technical analysis community toward a new, more rigorous type of analysis that utilizes the scientific process and depends on statistical testing to gauge the quality of one's results. Just as quantitative analysts have long used the tools of technical analysis, market technicians are taking up the quant's tools. Evidence-Based Technical Analysis is a welcome milestone on a road that leads toward a better, more dependable type of analysis." -John Bollinger, CFA, CMT, BollingerBands.com
"There are illusions of the mind that are every bit as real as optical illusions. Aronson's criticisms of popular forms of technical analysis are right on target." -Fred Gehm, author of Quantitative Trading and Money Management
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